Frequently Asked Questions

 1. What services does NoteNest Solutions, LLC provide?1. 

NoteNest Solutions, LLC specializes in consulting services for real estate investors and financing solutions, including hard money loans, personal loans, manufactured home loans, mobile home loans, and equipment loans.

2. Do you provide direct financing?

No, NoteNest Solutions, LLC does not directly finance loans. We provide expert consulting services to guide clients through the financing process with licensed residential mortgage loan officers.

3. Do I need to be approved by the mobile home park before applying for financing?

Yes, most mobile home communities require residents to pass a background check and meet specific residency requirements. Before applying for financing, you must obtain approval from the mobile home park.

4. What if I am purchasing a manufactured home on private land?

If you are buying a manufactured home on private land, mobile home park approval is not required. However, you will still need to apply for financing through a licensed residential mortgage loan officer.

 5. Who will process my financing application?

All applicants must submit their financing applications through a licensed residential mortgage loan officer, who will review creditworthiness, income, and other eligibility factors.

6. What documents do I need to apply for a loan?

Typical documentation includes:

• Government-issued ID
• Proof of income (pay stubs, tax returns, or bank statements)
• Credit report authorization
• Proof of mobile home park approval (if applicable)

7. How long does the financing process take?

Loan approval timelines vary depending on the complexity of the application, the lender’s requirements, and the applicant’s financial background. On average, the process takes 2-6 weeks.

8. What credit score is required to qualify for financing?

Credit score requirements vary by lender and loan type. A higher credit score improves eligibility, but some financing options exist for applicants with lower scores. Consulting a licensed mortgage loan officer will provide specific guidance.

9. Can I apply if I have a low credit score?

Yes, some loan programs cater to individuals with lower credit scores. However, terms and interest rates may differ based on credit history and financial stability.

10. Are there any down payment requirements?

Down payment requirements vary depending on the loan type and lender policies. Some programs require as little as 5% down, while others may require higher percentages.

 11. Do you assist with refinancing mobile or manufactured homes?

Yes, we can guide you through the refinancing process by connecting you with licensed mortgage loan officers who specialize in mobile and manufactured home loans.

12. Do you offer consulting for hard money and equipment loans?

Yes, NoteNest Solutions, LLC provides consulting services for investors and business owners seeking hard money and equipment loans. We assist in navigating loan structures and lender requirements.

13. How can I get started with NoteNest Solutions, LLC?

To get started, contact us through our website, email, or phone. Our team will guide you through the consultation process and connect you with the appropriate financing professionals.

#1 - We will ask for additional information regarding the real estate property, such as:

• Do you have the original documents?
• Is there title insurance on the property?
• What is the condition of the property?
• How many bedrooms and baths?
• Location of the property
• Do the current buyers pay on time?
• Do you have proof of payments?
• Are you the 1st lien holder?

#2 - We will review the information and provide several options to purchase your note

#3 - Negotiate any terms and conditions

#4 - Confirmation of terms the sell of the note

#5 - Purchase/sell agreement will be sent

#6 - Underwriting - this may take 2-3 days

#7 - Complete the closing/sell of the mortgage note